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Ep. 294: Nigol Koulajian & Donald Wieczorek Interviews with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Time Following

I've had three months where I was down 17%. Those are my worst months. If you put it in perspective of the prior eight months, we were up 174%. So that's the take home is that when I do have big negative months, it's giving up of unrealized gains. That's what I like about time following. It really preserves or tries to preserve that core capital and by cutting the losses so tight. But then with winners, you open that up a little bit. They're willing to risk that unrealized gains or allow those winners to find alittle bit.

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